[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[bigtimespaghetti]

100 Billion coins for the masses is really not that many.  

The reason there wont be many Doge Billionaires is because people will trade it way before it ever matures to that level. Generally the nature of greed and fear will do this alone. And hopefully people will use their wealth and not hoard billions of coins.  

If a few people hold most of coins without using them then we won't see it's full potential.  It's takes the proper use of money to make money.  

But the future holds many great possibilities.

wow.  such true.

Right now ~5% of wallet addresses own 95% of the released coins.  When they dump, it will cause a price fall for sure, but hopefully it will level off eventually.

There will be a massive dump at some point, probably when the price is much higher- the coin needs to survive it, there is simply no avoiding this.

[poppys]

Doge is nuts, congrats, I'm a believer now. To think that I actually believed that Catcoin could compete. Boy was I wrong.

CAT NYAN COINYE MOON FEDORA

all died trying to compete with DOGE!!!! no one can defeat DOGE!!

lmao

So focus.

[kahir]

Damn so much people hate doge .......

they just buy it now LOL

[CoinGeneral]

What was your first crypto coin?

I am conducting a research to see how many people's first coin was Dogecoin.

Check out the thread here:

https://bitcointalk.org/index.php?topic=418450

[carlb007]

100 Billion coins for the masses is really not that many.  

The reason there wont be many Doge Billionaires is because people will trade it way before it ever matures to that level. Generally the nature of greed and fear will do this alone. And hopefully people will use their wealth and not hoard billions of coins.  

If a few people hold most of coins without using them then we won't see it's full potential.  It's takes the proper use of money to make money.  

But the future holds many great possibilities.

wow.  such true.

Right now ~5% of wallet addresses own 95% of the released coins.  When they dump, it will cause a price fall for sure, but hopefully it will level off eventually.

I dont think this is true though. The % of wallet owners is totally misleading based on the amount that are abandoned/empty:

http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html

if you look here there are apx:
235 users owning 35% (10mil +)
26,000 users owning 50% (100,000 - 9,999,999)
90,000 users owning 7% (1,000 - 99,999)

then the rest is where-ever.

Still not an even spread, but theres never going to be at this early stage. Also if you compare this to quark on the same site, that coin has 300 people owning 75% of the coins.

[mashac]

I dont think this is true though. The % of wallet owners is totally misleading based on the amount that are abandoned/empty:

http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html

if you look here there are apx:
235 users owning 35% (10mil +)
26,000 users owning 50% (100,000 - 9,999,999)
90,000 users owning 7% (1,000 - 99,999)

then the rest is where-ever.

Still not an even spread, but theres never going to be at this early stage.

I think we need to take doge-dice into consideration.

[Skelder]

If you're wanting to advertise your pool/website you should put it up on

http://themilliondogecoinhomepage.com

Pixels for Doge!

[kahir]

23 bitcoins wall at 45 ... owww much doge lovers

[UdjinM6]

23 bitcoins wall at 45 ... owww much doge lovers

aaaand.... it's gone to 34 or wherever else  

[bvminer]

inevitable price drop is coming, i think i sell now and buy back at 35 in few hours.

[farika]

Why innevitable ? We can have a pump to 60

[UdjinM6]

inevitable price drop is coming, i think i sell now and buy back at 35 in few hours.

well, my crystal ball is broken but i would definitely buy more at 35 and below

[professorY]

inevitable price drop is coming, i think i sell now and buy back at 35 in few hours.

You could get stuck having to buy back in higher.

[farika]

I do not see why we need to panic as the doge is 46 instead of 48 ... The Doge already has 48, and the next day 60. Don't panic , and buy.

[bvminer]

Why innevitable ? We can have a pump to 60

the pump was yesterday, today some people need to buy back the coins sold at 50+

[bvminer]

inevitable price drop is coming, i think i sell now and buy back at 35 in few hours.

You could get stuck having to buy back in higher.

you are right, to cut down the risk i am already buying back some.
sold at 48+, buying back bellow 46

[kahir]

with all this dump i don't think we can hit 60 ... for now ....

but i think soon doge will hit 100 ... thats for sure ....

[bvminer]

with all this dump i don't think we can hit 60 ... for now ....

but i think soon doge will hit 100 ... thats for sure ....

In one month probably it will be arround 80+, but for the moment the price is to high.
each day there are 1 billion new dogecoin's...half of it maybe keept for later trade, but half is dumped on the market (especially multipool's)

[farika]

Going up on cryptsy... Really not sure about the dump.

[UdjinM6]

well, a lot of coins were bought at 40-45+ -> that was yesterday pump and horizontal movement today
but pools keep dumping coins so I think we really need something big to go up